This case presents a textbook example of oppression and deadlock in a small, closely-held corporation. The trial court ordered the corporation dissolved and a receiver appointed. It found that money loaned to the corporation by appellants was not a valid debt of the corporation. It also refused to order relief in the corporation's derivative action against appellee for starting a competing business.
...Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
